Episode Details

February is the lowest demand month for beef and usually we will see some of the lowest prices of the year.  Harvest last week was a robust 659K head, up from the prior week of 646K head. This seems to be a bit strong production for February, I don’t see the demand supporting this.  Something to certainly watch the next couple weeks.  Ribeyes and Tenderloins are doing their seasonal reductions and I think we might push this another week or two, especially if production numbers keep this high.  Chuck, rounds, grinds all seem to be in neutral and at decent trade levels.  The next week beef holiday, valentine’s day just a bit over a week away and those ribeyes and tenderloins will be a good value.  I don’t say that often.  

Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn